Brilliant Years 1991

Chapter 59 is out of sequence!
"Boss Kun is here!"

"Good luck on the opening of the market, Mr. Kun!"

"Boss Kun is going to make a fortune again today!"

As usual, the atmosphere in Ah Hong Tea Restaurant was bustling with activity.

It was clearly an awkward time, but the place was almost full of people.

In Cao Yukun's opinion, even before he appeared, this place had already deviated from the positioning of a simple restaurant. In comparison, it was more like a club.

It is hard to say how attractive Hong Kong cuisine is to the upper class of society. At least for the vast majority of people who have just been exposed to foreign things in recent years, it is still quite stylish and high-end.

Red Sky is prosperous!
So the songs sung by Hongkong people are good, the movies made by Hongkong people are awesome, and the meals eaten by Hongkong people are also very worth talking about - in fact, it's nothing more than the same things!
It’s just that in the past few decades, they have indeed been at the forefront of the trend!

However, people who trade stocks are not only chasing new things, but also worshipping foreign things and being superstitious.

At least this year, Cao Yukun has confirmed this through his contact with him in the past month or two.

Therefore, the positioning of Hong Kong cuisine, the not-too-expensive prices, and the presence of a beautiful proprietress who can joke with you from time to time, have unknowingly attracted many first-generation stock investors here.

After looking at the market, everyone comes over to order a cup of tea and talk about the market, exchange information, flatter each other, or even just have a simple chat, which is quite pleasant.

As for the traffic that "General Kun" attracted after he became famous with his generous investment of 30,000 subscription certificates, it is actually nothing more than people's general "looking up" mentality.

I always like to think that what celebrities say makes sense...

After chatting with everyone for a while, Xu Delu suddenly pulled Cao Yukun's clothes, and the two walked to a corner where there were fewer people to talk. He said, "The foreign market reported 50 yuan today!"

Gee...

This is the stock market these days.

Crazy.

The acquaintance spoke briefly and Cao Yukun understood it immediately. Of course, he was talking about the stock price of Shanghai Light Industry Machinery.

The so-called external market is of course relative to the internal market!
As for stocks, after some experiments in China, it was decided to set up a stock exchange and officially start working on this thing. It has only been one or two years since then, and the steps have always been small. Small steps certainly have their advantages. Risks can be controlled. Don't let a large number of investors lose their fortunes right from the start, otherwise it will be difficult to deal with it later.

But the small steps have indeed caused distress to many first-generation stock investors who were hoping to get rich. The price is not allowed to rise, and it is difficult to sell - those who want to buy cannot buy it!

Why are subscription certificates so valuable? The original price was 30 yuan per certificate, but now it has soared to 1200 yuan per certificate, which is 40 times the original price. Will it even rise to 160 times in the future?
Because I can buy stocks!
And as long as you buy the stocks, you will make money!

If the trading volume is liberalized and the daily trading volume is no longer restricted to 0.3% of the total number of stocks, and if the price increase limit is further lifted... based on the current market conditions and public sentiment in the Shanghai stock market, to be honest, the price will go crazy in a matter of minutes!
However, the government can control the stock prices and trading volumes on the stock exchange, but what about private off-site transactions?

Stocks these days are not just a line of numbers on a mobile phone or computer screen that is linked to an account. They are paper, physical objects, and bearer. To be honest, how can over-the-counter transactions be avoided?

If you can’t buy it in the venue, then buy it outside the venue!

Anyway, you make money if you buy it!
The transaction with the price limit in the market can only restrict ordinary investors who rush in and buy stocks without any knowledge and who don’t know to whom to sell. For those who are truly experienced in stock trading in this era, who doesn’t have a way to sell stocks on the external market?
In fact, it was during these days when he heard these old stockholders repeatedly talk about these things that Cao Yukun concluded that the government would never allow such a large number of off-market transactions to continue. However, Cao Yukun had no ability to predict this.

Maybe a policy will be issued next month, but maybe it will have to wait until the end of the year?

However, considering what actually happened in history, where the price of subscription certificates soared to 160 times, this policy should not be issued too late - the reason is very simple, if it is issued too late, the one-year validity period of the subscription certificate is about to expire, how could the price still be 160 times?
Moreover, a large number of stocks are traded outside the exchange instead of on-exchange. To be honest, whether there is money or not, or whether there is stamp duty or not, is a small matter. The most important thing is that this can easily lead to disorder!

The government hates being out of control and out of order the most!

Like now, the subscription price of Shanghai Light Industry Machinery is 24 yuan per share. The market opened on March 3, and now it is the 12th, there are only four trading days. The on-site stock price is fixed at the upper limit of 17 yuan per share, but the off-site transaction quotation has soared to 29.17 yuan per share - this is already out of order!
"Have you figured it out?" Cao Yukun asked him.

He chuckled, "It's just a roll, I'm not in a hurry! But some people think that the real deal is to make money in hand, and they are already considering selling it. Everyone asked me to ask you, do you accept it?"

In fact, Cao Yukun was 50% sure that even if he took the offer at yuan per share, he would surely make a fortune. But, he also knew that he had already played big enough!

The subscription certificate is where your real interests lie!
I only have a little money left. It is said that Shanghai No. 2 Textile Machinery will hold a lottery soon. This time, it is said that there is a high possibility that several million shares will be released to the market. The total value of the new shares may be 70 to 80 million yuan. The money I have is not enough to subscribe for new shares, so how can I take over other people's second-hand shares?

"I don't want it! But... I can help you ask others if they will accept it!"

"Okay! Mr. Kun, you have a big plate, and you have a say with Mr. Jin, Mr. Su, and Mr. Ming. Please ask them if they are willing to pay a higher price. That would be the best. I'm sure everyone will be grateful to you!"

Cao Yukun smiled and patted his shoulder, "Wait for my news."

After he finished speaking, he turned his head and glanced at the counter, and happened to meet Hu Zihong's eyes. He waved his hand casually, "Let's go, Madam Boss!"

…………

She came over after just smoking a cigarette downstairs of her house.

"You're going to die! It's broad daylight, and you think everyone is stupid and watching you, but you insist on calling me out!"

It wasn't a public place, nor was there a large crowd. Cao Yukun immediately put his arm around her shoulders and said, "You're greedy!"

She smiled shyly, raised her hand and gently pushed his arm, but still turned around and went upstairs gracefully and opened the door - as soon as she entered, Cao Yukun hugged her.

Just be straightforward today and don't worry about her first time.

She seemed to be much more pleased than that day, sobbing and humming in a very seductive way.

Cao Yukun especially liked the feeling of her long white legs wrapped around his waist.

After finishing the job, she rested for a while, then leaned over and pretended to talk, her hands quietly reaching for the floor beside the bed. Because they were in a hurry, Cao Yukun's suit and pants were left on the bedside. After a minute or two, she actually managed to find Cao Yukun's wallet. After a few seconds, she found the hard plastic ID card, pulled it out, and looked over. "Ah! 1973? You really are...only nineteen years old!"

Seeing that she suddenly took out her ID card, Cao Yukun was stunned for a moment, then he came to his senses.

(End of this chapter)